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Chicago City Wire

Friday, April 19, 2024

Norridge home prices fall in December 2018

Realestate1

The median sale price of a home sold in December 2018 in Norridge fell by $45,000 while total sales decreased by 13.3%, according to BlockShopper.com.

In December 2018, there were 13 homes sold, with a median sale price of $250,000 - a 15.3% decrease over the $295,000 median sale price for the same period of the previous year. There were 15 homes sold in Norridge in December 2017.

The median sales tax in Norridge for the most recent year with available data, 2017, was $4,782, approximately 1.9% of the median home sale price for December 2018.

The following table compares Norridge to other Cook County cities with similar median sales prices in December 2018:

CityDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Elk Grove Village3538-7.9%$265,000$208,25027.3%
Bartlett1826-30.8%$255,250$275,500-7.4%
Prospect Heights1516-6.3%$255,000$281,000-9.3%
Skokie5760-5%$255,000$270,000-5.6%
Orland Park7376-3.9%$250,000$237,5005.3%
Norridge1315-13.3%$250,000$295,000-15.3%
North Riverside6450%$248,000$246,5000.6%
Orland Hills713-46.2%$245,500$150,00063.7%
Hoffman Estates5060-16.7%$245,000$254,250-3.6%
Westchester251656.3%$245,000$216,00013.4%
Palos Park151136.4%$240,000$315,000-23.8%

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